Chapter 39: Good News and Bad News for Lola

Back in Madrid, Lola visits the law offices of Gonzalo Garrido and receives some disturbing news. In this chapter we cover a lot of fundamental financial concepts and vocabulary. We start off by defining what ASSETS and LIABILITIES are. Then we explain what OPERATING PROFITS are and how they are used to calculate the ENTERPRISE VALUE of a company. And finally, we talk about SILENT PARTNERS and STAKEHOLDERS to whom the management ultimately answer.We also briefly discuss some legal Englis...